Is trade liberalization good for economic performance?

Meer over het boek

Examining the Washington Consensus, the essay discusses the role of trade liberalization in promoting economic growth, highlighting its significance in economic policy. While many trade theories support this view, dissenting economists challenge the notion, citing flaws in the theories and empirical evidence that fails to confirm the expected positive effects. The analysis provides a critical perspective on the complexities of trade policy and its implications for economic development.